(The Western Journal) A sign hangs above a Planned Parenthood clinic on May 18 2018 in Chicago Illinois. The Trump administration is expected to announce a plan for massive funding cuts to Planned Parenthood and other taxpayer-backed abortion providers by reinstating a Reagan-era rule that prohibits federal funding from going to clinics that discuss abortion with women or that share space with abortion providers. (Scott Olson / Getty Images) Taxpayers contributed to an over $20 million increase in federal funds allocated to Planned Parenthood in 2018 according to the abortion organizations annual report. Planned Parenthood received $543.7 million in federal grants and reimbursements in 2017 and that number rose to $564.8 million according to its 2017-2018 fiscal year report. The abortion organization also received roughly $100 million more from private donations and bequests in 2018 than it did in 2017 the report reveals. Planned Parenthood has claimed that stripping federal funds from the organization would devastate womens access to health care but private contributions put the organizations donations total at nearly $631 million. Total net assets also increased from roughly $1.6 billion to nearly $1.9 billion in 2018 according to the report.
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